Why Hand & Stone?
Exceptional Support Services
Meet the Management Team
The Investment
Getting Started
There has never been a better time to open a Hand and Stone franchise.
While other concepts have found more challenges in expanding, Hand and Stone has found current market conditions more conducive to opening.
- Retail Rental Rates have declined from their market highs.
- Landlords are willing to provide Tenant Improvement Allowances for credit worthy tenants — meaning landlords will help offset your build out costs.
- Costs for build out per square foot have declined over the past year.
- Our buying power and opening efficiencies have increased so you benefit from more opportunities to lower your opening costs.
Hand and Stone Has Varied Financing Options to Get You Open
Landlord Tenant Improvement Allowances (for build out) — have recently covered up to $125,000 of your investment cost in build out.
SBA Loan Assistance — Hand and Stone is an SBA Registry Franchisor
Equipment Lease Financing — available to lease your equipment and signs
Home Equity Loans — Owners have taken advantage of the historically low Home Equity Loan Rates to fund their business
401 (k) and IRA Rollover Programs — Did you know you can make a penalty free rollover of your 401 (k) to be an investment in your own Company that will own your Hand and Stone franchise — we have programs that will allow you to use your existing 401 (k) and IRA funds without penalty.
Our Franchise Development Specialist will work with you every step of the way to help you get your Hand and Stone Spa open with the right financing package. Call today to discuss your options.
Total Investment Range
Total Single Unit Investment can be as low as $280,000 (includes all build out, equipment, franchise fee, grand opening advertising, working capital, deposits). Your total will depend on the size of your facility.
License Fee: $39,000 (1st unit)
Working Capital: $40,000
Financial Qualifications
Liquid Capital: $75,000-$100,000 min.
Net Worth: $400,000